Featured Articles

September 23, 2012

Iraq's unemployment is some of the highest in the Middle East, but experts question if this plan is workable
10:41 GMT
Iraq is set to embark on an ambitious job creation plan it hopes will result in work for as many as five million Iraqis in the next five years as it spends US$275 billion (Dh1.01 trillion) of cash earmarked for development.
Will post-Arab Spring Egypt start to welcome  trade unions with open arms?
09:00 GMT
Trade unions in Cairo want guarantees to the right to form free and independent unions and protection from harassment.
Lucrative gas fields could be off the coast of Lebanon
08:00 GMT
An international firm has estimated the volume of gas in Lebanon’s south-west corner to be close to 25 trillion cubic feet, valued by experts to be worth over $40 billion.

September 20, 2012

Made in Lebanon: Entrepreneur shows the banking industry how to do it
13:42 GMT
A Lebanese entrepreneur has created software that saves the banking industry time, effort and money, through an automated system. Fares Kobeissi's idea is starting to be noticed, and it's 100 per cent Lebanese.
GCC states need to reduce their oil-dependency
13:32 GMT
Gulf states need to diversify their economies and reduce their oil dependency, according to a leading expert.
Many forms of Arab media exist, but have the failed the Middle East?
11:06 GMT
In a world dominated to a great extent by media institutions, where media becomes a battle front, it is necessary to explore how the media operates, with what goals, and how it influences society. In an interview with Arwa Al-Rikabi of Arab News, Leon Barkho who is a prominent scholar, spoke on this issue.
South Sudan needs to change to secure a bright future
09:34 GMT
South Sudan, one of the newest nations on earth, has faced hardship since it seceded from its northern neighbour in 2011. Celebrations were plentiful in Juba, but problems remain as change is needed to secure a bright future.
For a sustainable economy, the Arab world needs to go green
08:33 GMT
Measured by the increase in gross domestic product over the past 50 years, Arab countries did well, as average GDP per capita increased by about four-fold.

September 19, 2012

The Palestinian is facing a fiscal crisis, as the World Bank calls for action from donors and barriers to investment to be removed
13:46 GMT
The World Bank's latest report on the Palestinian economy warns of a deepening fiscal crisis in the Palestinian territories, urging donors to act urgently.
Thomson Reuters have launched an index for the global sukuk market
12:35 GMT
Thomson Reuters has launched a global sukuk index, as the $1.2 trillion Islamic finance industry is growing at a highly impressive 15 per cent annually.
Non-oil exports from Saudi Arabia dropped in June, according to statistics
12:16 GMT
Saudi non-oil exports showed a retraction of 2.3 percent in June in comparison to the previous month and a moderate 7.7 percent decline over the last 12-month period in value terms edging down to SR 14.5 billion
Following  anti-US protests, Arab Spring economies face a struggle as investment grinds to a dramatic halt
10:26 GMT
Arab Spring economies, notably Egypt, Libya, and Tunisia, were slowly being transformed and courting large investment deals from the USA, IMF and large MNCs. Now they are facing a difficult situation, after the USA and investors were scared off after violent protests swept the region.
Any slowdown in Iraqi oil production would dramatically impact global oil markets
09:49 GMT
The International Energy Agency's top economist warned in an interview with AFP that any unexpected slowdown in the growth of Iraq's energy output would be "bad news" for the rest of the world

September 18, 2012

Traffic congestion in Lebanon costs the economy 5 per cent of GDP a year, but how can this be fixed?
13:40 GMT
Getting stuck in traffic and complaining about it are daily ingredients of Lebanese life, but it costs the economy 5 per cent of GDP a year. What solutions are there to resolve this crisis?
Mashreq Capital has been awarded 'MQ3" status by Moody's
11:52 GMT
Moody's Investors Service has today assigned an MQ3 investment manager quality assessment to Mashreq Capital (DIFC) Limited, which reflects Moody's view of the asset manager's strong ownership structure and solid investment performance